Macleod Corporation Pty Ltd and its employees will observe the Accounting Professional and Ethical Standard APES110 Code of Conduct, without exception, and understand the Code is based upon the following fundamental principles:
Integrity: members must be straightforward and honest in professional and business relationships, and apply principles of fair dealing and truthfulness. Members should not be associated with information they believe is materially false, furnished recklessly, or misleading.
Objectivity: members must not compromise their professional or business judgement because of bias, conflict of interest or the undue influence of others. Relationships that bias or unduly influence the professional judgement, or impair objectivity, of the member should be avoided.
Professional Competence and Due Care: members must maintain professional knowledge and skill at the level required to ensure that clients or employers receive competent professional service. Members must act diligently in accordance with applicable technical and professional standards when providing their services (Section 130).
Confidentiality: members must refrain from disclosing outside the firm or employing organisation, confidential information acquired as a result of professional and business relationships without proper and specific authority from the client or employer or unless there is a legal duty to disclose. Members must refrain from using confidential information, acquired as a result of professional and business relationships, to their personal advantage or the advantage of third parties.
Professional Behaviour: members must comply with relevant laws and regulations and avoid any action or omission that may bring discredit to the profession. Members should be honest and truthful and should not bring the profession into disrepute.